Accepting Donations
When the club receives monetary donations, the funds must be deposited promptly through the CWI Foundation. The donation received will be deposited into a club foundation account. If a club foundation account has not already been established, one will be created. The Office of Student Engagement is required to be notified of all monetary donations and will assist in coordinating with the CWI Foundation and maintaining accurate financial records.
This process only applies to direct monetary gifts. Funds generated through club fundraising activities should be deposited into the club’s bank account in accordance with fundraising and deposit procedures.
Donor Acknowledgement
To properly recognize and document donations, a Contribution Acknowledgement Form must be completed for each donation received. This form can be requested from the Office of Student Engagement and is required to include the following information:
- Donor name
- Mailing address
- Phone number
- Description of the donation(s)
Completed forms should be submitted to the Office of Student Engagement. Once received, Student Engagement will work with the CWI Foundation to provide an official acknowledgement and thank-you letter to the donor.